From the average gas fee, to ETH burned, Monday Gwei covers it all.
This week,
- Top Ethereum News
- Top Layer 2 Solution
- Funding
- ETH stats that matter
Monday Gwei is a weekly account of what is happening in the Ethereum ecosystem.
Top Ethereum News By Monday Gwei
- Market Crash: Crypto market experiences double-digit decline as Trump tariff news shakes investor sentiment.
- UBS Adopts Blockchain: Swiss banking giant UBS explores ZKsync for digital gold investments.
- Dogecoin ETF?: Grayscale launches new investment fund focused on Dogecoin due to rising interest.
- Uniswap V4 Expansion: Uniswap V4 is now live across 12 blockchains, enhancing DeFi liquidity.
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $3.5 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 6.8 million active wallets.
- Fees Collected: Base sets a record with $2.2 million in weekly fees.
Funding Data
- Mevvy: Raises $2.8M for optimizing on-chain MEV (Maximal Extractable Value) strategies.
Source: Coingecko
Ethereum’s price remained relatively stable around $3,200 in late January 2024 but experienced a sharp decline to around $2,600 by early February
ETH stats that matter
- Gas Fee: $2.4 (Lower than last week).
- ETH Burned: $24 Million, indicating higher network activity.
- Revenue: $11.5 Million, showing continued network demand.
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